Family Influence on Business: Application of A Modified F-PEC Scale to Private Small Business In Vietnam

Author:

Vu Hoang Nam1,Truong Tuan Anh2,Nguyen Ke Nghia2

Affiliation:

1. Massey University, New Zealand

2. National Economics University, Vietnam

Abstract

This paper uncovers dimensions of family influence on private small business in Vietnam. Although the F-PEC scale, which comprises three subscales for power, experience and culture dimensions of family influence, has been validated in the literature, application of the scale in an Asian context, like Vietnam, may face challenges due to context differences. The study modified the original scale based on qualitative findings from five interviews with entrepreneurs and comments on the scale from business scholars. Data from a survey of 143 entrepreneurs were used for EFA, resulting in four factors. And CFA proves fitness of the measurement model of the four-factor structure to the data, in which two dimensions regarding the cultural aspect were confirmed.

Publisher

Emerald

Subject

General Medicine

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Environmental responsibility of family businesses: a perspective paper;Journal of Family Business Management;2023-12-21

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